Insightful Analysis of Applied Materials Inc's Financial Health and Market Position
(Bloomberg) -- The US Department of Commerce is continuing an investigation into Applied Materials Inc.’s shipments to Chinese customers, part of a broader effort to ensure that increasingly strict trade restrictions against the Asian nation are effective. Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAIXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpFed’s Favorite Underlying Inflation Gauge I
The largest U.S. semiconductor equipment maker received an SEC subpoena and two from the U.S. Attorney's Office for the District of Massachusetts. In November 2023 the Commerce Department sent a subpoena "requesting information relating to certain China customer shipments."